Busines briefs

Published: April 27, 2010 4:01AM

Fair Finance to have creditors' meetingA creditors' meeting for Fair Finance investors is scheduled for 1 p.m. Wednesday, May 17 at the Akron City Centre Hotel, Salon A Grande Ballroom, 20 W. Mill St., Akron.Trustee Brian Bash will answer questions. The meeting is part of the bankruptcy process, said Kelly Burgan, legal counsel for the Cleveland-area law firm Baker Hostetler. A court reporter will be present."Typically, we would do it at the court, but we have no way of knowing how many would show up given there are so many investors ... We thought it would be smart to plan for a larger group," Burgan said.Burgan said Bash's update to investors will mainly focus on how the Fair Finance bankruptcy is progressing.No cameras, tape recorders or video recorders will be allowed inside the meeting, Burgan said.More than 5,000 Ohio residents invested about $200 million in Fair Finance. The company has been closed since a November FBI raid. No one has been charged with criminal wrongdoing. Fair Finance has eight offices throughout northeast Ohio, including one each in Ashland, Medina and Wooster.

Armordyne to have grand opening todayArmordyne Computer Solutions will have a grand opening event 1 p.m. today at its new location, 1011 E. Main St., next to Dr. Brian O'Neill's office and Z's Hair Design. Terrence M. Webb, former executive chef at Ashland University, recently purchased the business and in January relocated to the current space. For more information, call 419-207-0077 or visit www.armordyne.com.